Dangote Refinery Increases Fuel Price, Assures of Seamless Supply Nationwide

Dangote Refinery has increased its gantry price of Premium Motor Spirit amid soaring global crude oil prices and the threats by the United States President, Donald Trump to heighten war with Iran.

The refinery raised its petrol price to N1,275 per liter up from N1,200.

This means that the $20 billion refinery increased its gantry fuel price by slightly N75 or 5 percent.

The development comes after nearly a week of stable domestic fuel prices despite crude oil price volatility.